Discussion : Singapore Property

[ngohan8]

mate, christian faith, cars, property, horology and finance....my top 5 pet topics!!!

i must say thats a very good area. the area density, relative proximity to ameneties etc.

adam park, i discourage. low laying and very noisy. the other 2 is ok, 19 is aging quite nicely, just went thru estate upgrading. plus high groung. dun forget, shelford hill is 4 stories, thus, the 4th floor of adam park is just ground floor for 19. no need to go for high floors, becoz no blockage, thus all good view. just so you know, no 2 units at 19 is same, all have little differences, either small balconies or bay areas etc

with mate inclusive, that should be 6

[darth-khips]

Thanks fir sharing yr thoughts again darth.
Hahha you r observant. Yes am looking at Shelford area. D'Chateu is a nice development than its neighbour but I can't wait that long. Infact just on monday the sales exec called me to consider again. Told her I find it still to high. I am tagt Shelford Regency with min facility if it's abt <800psf or Adam Park Condo or 19 when it drops further to 850psf levels. I personally feel that it will happen if I just be patient.
Do u think I am being too hopeful?
Anything about 1000psf in this troubled time is way to high.

throw in a bid of 850 fro shelford green and 800 for 19. u will see where the real bid/ask is.

[darth-khips]

Thanks fir sharing yr thoughts again darth.
Hahha you r observant. Yes am looking at Shelford area. D'Chateu is a nice development than its neighbour but I can't wait that long. Infact just on monday the sales exec called me to consider again. Told her I find it still to high. I am tagt Shelford Regency with min facility if it's abt <800psf or Adam Park Condo or 19 when it drops further to 850psf levels. I personally feel that it will happen if I just be patient.
Do u think I am being too hopeful?
Anything about 1000psf in this troubled time is way to high.

mate, christian faith, cars, property, horology and finance....my top 5 pet topics!!!

i must say thats a very good area. the area density, relative proximity to ameneties etc.

adam park, i discourage. low laying and very noisy. the other 2 is ok, 19 is aging quite nicely, just went thru estate upgrading. plus high groung. dun forget, shelford hill is 4 stories, thus, the 4th floor of adam park is just ground floor for 19. no need to go for high floors, becoz no blockage, thus all good view. just so you know, no 2 units at 19 is same, all have little differences, either small balconies or bay areas etc

[icecream]

No I mean I was asking Ice-cream whats the the psf (area).. I know where Maplewood is lah. ;P

I believe its 850 sq ft but I cant confirm that. Cant really recall as my family wasn't interested in a 4th storey unit.

[jazz_samz]

Thanks fir sharing yr thoughts again darth.
Hahha you r observant. Yes am looking at Shelford area. D'Chateu is a nice development than its neighbour but I can't wait that long. Infact just on monday the sales exec called me to consider again. Told her I find it still to high. I am tagt Shelford Regency with min facility if it's abt <800psf or Adam Park Condo or 19 when it drops further to 850psf levels. I personally feel that it will happen if I just be patient.
Do u think I am being too hopeful?
Anything about 1000psf in this troubled time is way to high.

[darth-khips]

U think so?? I still feel we are still only at the beginning...

Mind elaborating further what do you mean by "any dislocations in prices. u will be surprised at some prices being quoted in the brokered market"

So far, only 1 unit I've viewed have lowered the psf to a level I feel reasonable. The rest still hovering around 1k psf range

as above, reference maplewoods condo.

when i say price dislocations, there are 2 things. within a certain project itself, for example, a 3rd floor unit being more expensive then a 10th floor unit, thus ignoring the inter-floor spreads.

the other is price dislocation between same area condos, for example the latest Alexis versus queens versus anchorage. FH vs 99 vs FH. 1100psf vs 875 vs 850.

seems like you are looking for dist 11 area. if you dun need immediate...look at shelford area.....D chateau ard 1000psf, why buy maplewoods??

[darth-khips]

Sorry sorry... Maplewood should be around $800-$950 now

maplewoods last tt ard 850psf this year. 2 things to note about that project. the psf is not a very good indication, that why i keep saying why focus on psf....

that project is just north of 10 years old, alot was renovated last 2 years, thus owners will project another 50-100psf onto the sale px.

those unrenovated ones, will be ard last tt px which is 850.

there are quite alot of rental units there, but alot of fresh leases from last year, from those displaced from newton area. at least dist 11 versus 21...i still maintain there shld be a price spd between 11 and 21, however marginal. plus shelford and duchess condo newer.

for that price, youmight as well top up 100psf and buy ard duchess or watten/shelford.

[116520]

Sorry sorry... Maplewood should be around $800-$950 now

No I mean I was asking Ice-cream whats the the psf (area).. I know where Maplewood is lah. ;P

[jazz_samz]

No I mean I was asking Ice-cream whats the the psf (area).. I know where Maplewood is lah. ;P

[116520]

Bukit timah road.... after 6th ave before McDonald....

wats the area?

[jazz_samz]

wats the area?

[icecream]

we are already at 2004 levels for some areas. target between newton and maplewoods....look out for any dislocations in prices. u will be surprised at some prices being quoted in the brokered market.

If you're talking abt Maplewoods along BT, I remember seeing 1 unit asking for 960k around June/July 08 iirc. That particular unit was on the 4th storey though.

[116520]

Property owners now still have holding power... wait till all new condo TOP... when all these properties TOP... there will be not as many as expats coming to singapore to work... many of these owners will not be able to sell nor rent out their units... some of these owners are foreigners and they will withdraw their investment and rather the "cheaper" properties in States, Japan... some of them (foreigners or locals) might not be able to service their loans of the apts... some smaller developer companies might go busted due to cash flow problem... after all these happen, prices will plump...

U think so?? I still feel we are still only at the beginning...

Mind elaborating further what do you mean by "any dislocations in prices. u will be surprised at some prices being quoted in the brokered market"

So far, only 1 unit I've viewed have lowered the psf to a level I feel reasonable. The rest still hovering around 1k psf range

[jazz_samz]

U think so?? I still feel we are still only at the beginning...

Mind elaborating further what do you mean by "any dislocations in prices. u will be surprised at some prices being quoted in the brokered market"

So far, only 1 unit I've viewed have lowered the psf to a level I feel reasonable. The rest still hovering around 1k psf range

we are already at 2004 levels for some areas. target between newton and maplewoods....look out for any dislocations in prices. u will be surprised at some prices being quoted in the brokered market.

[darth-khips]

Thanks for the in-dept thoughts....
With the Stock market keep falling downing these days, I am not surprised that property market will drop back to 2004 level....

we are already at 2004 levels for some areas. target between newton and maplewoods....look out for any dislocations in prices. u will be surprised at some prices being quoted in the brokered market.